21 AUGUST 1926, Page 1

We recorded last week the conclusion of a new Treaty

between Italy and Spain. In a leading article we deal with such information as has reached us of its terms. If the information represents the whole truth and leaves out no point of importance we find nothing in it to which Great Britain has any right to object. It was also reported from Paris last week that a month ago France concluded a Treaty with Rumania. No details have yet been published, but it is reported to be a Treaty similar to those which France has already concluded with Poland and Czecho-Slovakia, and expects very shortly to conclude with Yugo-Slavia. The "Little Entente" is outgrowing its epithet. There is nothing new to say of the advantages and the possible dangers of this network of treaties. We must be content if they are accepted for registration by the League of Nations.